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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Pierre J. LeBel who wrote (595)	2/27/1998 8:04:00 PM
From: esxtarus	Read Replies (1) \| Respond to of 8117

Subj: News Release Date: 98-02-27 19:22:35 EST From: pyngmed@axionet.com (Pyng Medical Employee) To: pyngmed@axionet.com ('pyngmed@axionet.com') PYNG TECHNOLOGIES CORP. PYT.V NEWS RELEASE Feb 27th,1998 Pyng Technologies Corp. is pleased to announce that subsidiary Pyng Medical Corp. has received from National Defense Headquarters, a NATO Commercial and Government Entity (NCAGE) Code number 3AM69. The Code Number 3AM69 has been assigned in favour of Pyng Medical Corp. from the Directorate of Cataloguing which allows all NATO members to access the F.A.S.T 1 System for Intraosseous Infusion through the NATO Cataloguing System. This NATO number follows the recently announced National Stocking Number from the US Military Central Defense Supply Center (#6516-01-453-0960) The F.A.S.T 1 developed by Pyng Medical Corp. is the only FDA approved Intraosseous Infusion System for Sternal access in Adults. The System allows vascular access to be achieved within 90 seconds inclusive of delivery of drugs or life saving fluids when conventional methods fail or are not available due to shock and trauma. Pyng Medical Corp. has worked extensively with the US Military and has received Ethical approval for field trials on the F.A.S.T 1 System in both Canada and the US. Pyng Medical Corp. staff members are currently preparing to travel to Baltimore, Maryland to train Emergency Physicians and Nurses at the University of Maryland Medical Center. Training on the F.A.S.T 1 System has already been completed at St. Paul's Hospital in Vancouver and at Royal Columbian Hospital in New Westminster, B.C. with initial production units delivered for use. Pyng Medical Corp. is 90 percent owned by Senior Board Listed Pyng Technologies Corp. (PYT.V) and 10 percent by B.P.I. Industries (BPR.V) both listed on the V.S.E. For further information please call Michael W. Jacobs, President 1-800-349-7964 Fax at 604-875-5390 or visit our web site @ www.pyng.com The VSE has neither approved nor reviewed the contents of this news release.